The Philippines is eyeing to raise the fuel subsidy for public utility vehicles from P2.5 billion to P5 billion to cushion the impact of spiraling oil prices aggravated by the conflict between Russia and Ukraine.
Senator Risa Hontiveros on Monday supported a review of the Oil Deregulation Law, a move which was proposed by President Rodrigo Duterte last week amid rising fuel prices.
The Federation of Jeepney Operators and Drivers Association of the Philippines on Sunday called on the government to allow them to temporarily increase the minimum fare in jeepneys by P1 amid the continuous fuel price hikes.